SCANA Stock Was Up By 9.48% Before The Weekend

(VIANEWS) – The Market ended the session with SCANA (SCANA.OL) jumping 9.48% to kr2.83 on Friday while Oslo Børs Benchmark Index_GI rose 0.48% to kr1,439.44.

SCANA’s last close was kr2.59, 0.19% under its 52-week high of kr2.59.

About SCANA

Scana ASA engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, aquaculture, oil and gas, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. Scana ASA was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. The company was founded in 1646 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SCANA has a trailing twelve months EPS of kr0.23.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 12.3. Meaning, the purchaser of the share is investing kr12.3 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.92%.

Yearly Top and Bottom Value

SCANA’s stock is valued at kr2.83 at 22:33 EST, higher than its 52-week high of kr2.59.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35%, now sitting on 1.75B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCANA’s stock is considered to be overbought (>=80).

Sales Growth

SCANA’s sales growth is 5.7% for the ongoing quarter and 15.7% for the next.

More news about SCANA (SCANA.OL).

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